New Delhi: The government on Monday clarified that the increase in the limit on ATM withdrawals , from Rs 2000 to Rs 2500, would apply only at those ATMs that have been recalibrated to dispense the new Rs 2000 notes.
A senior Finance Ministry official also detailed a number measures aimed at reducing inconvenience faced by the public. Two of the measures were aimed at making things easier for senior citizens. One, they would get a separate queue at bank branches, along with differently abled persons. Also, pensioners have received an extension in the deadline to submit their annual life certificate. They now have till January 15 to submit the document.
Economic Affairs Secretary Shaktikanta Das outlined these and other measures that had been decided and reviewed at the late-night meeting chaired by Prime Minister Narendra Modi , senior Cabinet ministers and top officials. Das said the meeting had focussed on activating and expanding various channels to deliver cash to the public. He repeated a number of the decisions that came out of the meeting.
Das also acknowledged the high levels of stress that bank employees have faced over the past few days. “We have all seen how the bank staff have been working very hard over the last four to five days. They have been handling huge crowds and have been working long hours, sometimes returning home only late in the night. Some of them have even slept in their branches. Our compliments and appreciation to all bank employees for their efforts,” Das said.